LOYOLA COLLEGE (AUTONOMOUS), CHENNAI – 600 034

B.A. DEGREE EXAMINATION – ECONOMICS

AN 10

FIFTH SEMESTER – NOV 2006

EC 5403 – LABOUR ECO. & LABOUR WELFARE

(Also equivalent to ECO 403)

 

 

Date & Time : 03-11-2006/9.00-12.00       Dept. No.                                                        Max. : 100 Marks

 

 

 

PART-A

Answer any FIVE questions in about 75 words each:    (5 x 4 = 20 marks)

 

1. Comment ‘Labour’ as a factor of production.
2. Write a short note on Living wage.
3. Distinguish between strike and lockout.
4. What do you mean by bonus?
5. State the important merits of Residual Claimant theory of wages.
6. List out the theories of wages.
7. Mention the types of adjudication authorities.

 

PART –B                                 (4 x 10 = 40 marks)

 

Answer any FOUR questions in about 250 words each.

 

8. Explain the Whiteley Commission Report.
9. Examine the Employees State Insurance Scheme 1948.
10. What are the characteristic features of labour?
11. What do you mean by collective bargaining?
12. Describe the rise of industrial disputes and quest for harmony.
13. Mention the objectives of AITUC.
14. Explain the MinimumWages Act of 1948.

 

PART-B

Answer any TWO questions in about 900 words each.  (2 x 20 = 40 marks)

 

15. Describe the workers participation in India.
16. Discuss the characteristic features of labour market.
17. Explain the defects and measures to strengthen the trade union movement in India.

18.  Examine the social security measures in India.

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